CBD declared most innovative Bank – News

Commercial Financial institution of Dubai, one of many main banks within the UAE, has been named the winner of ‘Most Modern Financial institution of the 12 months award’ on the Leaders in Fintech Awards ceremony held just lately at Sofitel, The Obelisk Resort in Dubai.

The award was acquired on behalf of CBD by Stefan Kimmel, COO; Amit Malhotra, GM – Private Banking Group; and Jamal Al Matari – head of personal banking.

The Leaders in Fintech Awards 2021 is an occasion organised by Entrepreneur Center East and recognises and rewards people and establishments who’re key gamers within the MENA ecosystem and form the way forward for fintech.

Dr Bernd van Linder, CEO of Industrial Financial institution of Dubai stated: “Innovation is a key pillar of the financial institution’s technique in keeping with its objective of turning into ‘Default Digital’. CBD is a pioneer within the banking trade offering progressive digital banking companies by understanding clients’ wants and leveraging essentially the most superior banking applied sciences to supply them with a easy and seamless banking expertise. We’re honoured to be recognised for our efforts by a reputed establishment equivalent to Entrepreneur Center East.”

Malhotra stated, “We’re happy that Leaders in Fintech Awards has recognised the onerous work we have now put into our digital banking companies. At CBD, buyer centricity and comfort lie on the coronary heart of all our initiatives. Understanding at this time’s busy life-style and the necessity to hold issues easy and streamlined, CBD has launched a number of the most progressive digital banking options.”